Is NELCO technically bullish or bearish?

As of 18 September 2025, the technical trend for NELCO has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and KST both indicating bearish momentum, while the monthly MACD and KST are mildly bearish. The daily moving averages also reflect a mildly bearish outlook. However, the Bollinger Bands show bullish signals on both weekly and monthly time frames, and Dow Theory indicates a mildly bullish stance on the weekly chart, which adds some complexity to the overall picture. The RSI shows no signals in both time frames, suggesting a lack of strong momentum in either direction. Overall, the indicators suggest a cautious bearish sentiment with some bullish counter-signals present.